the trust or fail to give bond or a person dies intestate. PERSONS WHO MAY BE EXECUTORS/ADMINISTRATORS 1) EXECUTOR – The person named in the will to administer the decedent’s estate and carry out the provisions thereof. 2) ADMINISTRATOR (regular or special) – The person appointed by the court to administer the estate where the decedent died intestate. *An administrator may also be one appointed by the court in cases when‚ although there is a will‚ the will does not appoint any executor‚ or if
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particular fact. (Rule 1‚ Sec. 3c) RULE 72 SUBJECT MATTER AND APPLICABILITY OF GENERAL RULES Section 1. Subject matter of special proceedings Section 2. Applicability of rules of civil actions SUBJECT MATTER OF SPECIAL PROCEEDINGS a. Settlement of estate of deceased persons b. Escheat c. Guardianship and custody of children d. Trustees e. Adoption f. Rescission and revocation of adoption g. Hospitalization of insane patient h. Habeas corpus i. Change of name j. Voluntary dissolution of corporations
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the U.S. Private respondent Ernesto C. Palaganas (PR/Ernesto)‚ another brother of Ruperta‚ filed with the RTC of Malolos‚ Bulacan in 2003‚ a petition for the probate of Ruperta’s will and for the former’s appointment as special administrator of her estate. Petitioners Manuel Miguel Palaganas (Manuel) and Benjamin Gregorio Palaganas (Benjamin)‚ nephews of Ruperta‚ opposed the petition on the ground that Ruperta’s will should not be probated in the Philippines but in the U.S. where she executed it. Manuel
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inIntroduction Real estate that generates income or is otherwise intended for investment purposes rather than as a primary residence. It is common for investors to own multiple pieces of real estate‚ one of which serves as a primary residence‚ while the others are used to generate rental income and profits through price appreciation. Common examples of investment properties are apartment buildings and rental houses. Those who invest in real estate also expect to generate capital gains as property
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CHAPTER II ESTATE AND DONOR’S TAXES* A. ESTATE TAX 1. Taxpayer and Tax Base The estate tax is imposed on the transfer of the decedent’s estate to his lawful heirs and beneficiaries based on the fair market value of the net estate at the time of the decedent’s death. It is not a tax on property. It is a tax imposed on the privilege of transmitting property upon the death of the owner. The Estate Tax is based on the laws in force at the time of death notwithstanding the postponement of the actual
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price of houses in UK housing market. Firstly we will have a look the past and the recent history of UK housing market. The UK housing market has been booming in the past few years‚ with prices rising much faster than household incomes. After its dramatic crash in the early 1990s‚ the UK housing market has staged a remarkable recovery.1 In the early 1980s widespread financial deregulation raised the availability of mortgage finance and stimulated the demand for housing. Real house prices rose
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for a number of years‚ I feel we could take on many of their operating procedures to increase profit and market share. Firstly‚ I will begin with a comparison of public‚ private and voluntary companies in the housing sector. Moat Housing‚ a public sector company‚ provides affordable housing for people who have low deposits or are unable to obtain a 100% mortgage. They are non-profit making and any profits are re-invested in the company. They are managed by a Board of Management which consists of
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Transitional Housing Support Kaplan University CM-220 Unit 6 Rough Draft Project The State of Hawaii is and has been battling one of the worst drug problems of its time. “ICE‚”‚ as it is called‚ is so widely used by people of all ages‚ ethnicities‚ and of every income level. It so common that many people can’t distinguish between user and non-user. Drug abuse is so widespread that it is a contributing factor of the crime rise in Hawaii. Domestic violence
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Today I am talking about the quality of housing in the North Hill District of Akron. This issue affects everyone in the North Hill district. I live in the North Hill District and I can tell you everything I say is from experience. People are not caring about their quality of their houses. This mentality of housing quality will cause a rot in all houses in America. You no longer see a good looking house with a white picket house‚ but you see houses that look like they belong in a scary movie. All
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STUDIO HABITAT CASE How to help low income houses clients while followed the architecture business ethics in Indonesia Everyone deserves a comfort‚ save‚ and beautifully well-designed house to live in. Unfortunately‚ there hardly ever an architect who is willing to get involved in a low budget house design project whereas in fact‚ an architect support is extremely needed in one. People need a particular architecture solution for their lack of budget‚ space‚ material‚ and opportunity in building
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